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Trump Has a Bank Account In China

October 20, 2020 · 7:56 pm ET · Leave a Comment

“President Trump and his allies have tried to paint Joe Biden as soft on China, in part by pointing to his son’s business dealings there,” the New York Times reports.

“But Mr. Trump’s own business history is filled with overseas financial deals, and some have involved the Chinese state.”

“And it turns out that China is one of only three foreign nations — the others are Britain and Ireland — where Mr. Trump maintains a bank account, according to an analysis of the president’s tax records… The foreign accounts do not show up on Mr. Trump’s public financial disclosures, where he must list personal assets, because they are held under corporate names. The identities of the financial institutions are not clear.”

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Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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